Lear Corporation (LEA)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 14,027,500 | 14,818,100 | 14,681,900 | 14,872,000 | 14,695,500 | 14,613,700 | 14,798,500 | 14,404,200 | 13,763,000 | 13,379,200 | 13,345,400 | 13,727,300 | 13,352,400 | 13,046,000 | 13,263,700 | 13,422,500 | 13,198,600 | 12,894,700 | 12,269,000 | 13,022,300 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $14,027,500K
= 0.00
The debt-to-assets ratio for Lear Corporation has consistently been reported as 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has either no debt or a negligible amount of debt relative to its total assets over the period under consideration. A debt-to-assets ratio of 0.00 suggests that Lear Corporation has been primarily funding its operations and investments through equity financing rather than relying on borrowed funds. This may indicate a strong financial position and lower financial risk for the company, as it has minimal leverage and potentially lower interest expenses. Overall, a consistent 0.00 debt-to-assets ratio reflects a stable financial structure with a lower dependency on debt for funding its operations.
Peer comparison
Dec 31, 2024